• Breaking News

    Sunday, October 3, 2021

    Bitcoin Daily Discussion, October 03, 2021

    Bitcoin Daily Discussion, October 03, 2021


    Daily Discussion, October 03, 2021

    Posted: 02 Oct 2021 10:02 PM PDT

    Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you!

    If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow.

    Join us in the r/Bitcoin Chatroom!

    Please check the previous discussion thread for unanswered questions.

    submitted by /u/rBitcoinMod
    [link] [comments]

    Visa announces support for crypto on their site: "Big things can happen when you combine crypto with the power of one of the world's largest payment networks."

    Posted: 02 Oct 2021 05:34 PM PDT

    Anybody else think that some of the media hit pieces against El Salvador is just propaganda?

    Posted: 02 Oct 2021 12:12 PM PDT

    El Salvador making bitcoin an officially accepted currency must've scared the elite bankers. I'm surprised the guy hasn't been assassinated yet TBH.

    submitted by /u/Abad_Cal_Gawayam
    [link] [comments]

    Construction begins for nuclear powered bitcoin mining facility in Northeast Pennsylvania

    Posted: 02 Oct 2021 07:02 PM PDT

    After reading the Bitcoin is a Ponzi Scheme Post from r/CryptoRealty ...

    Posted: 02 Oct 2021 01:18 PM PDT

    i instantly bought more BTC. How comes that people spend so much time one something and then still struggle understanding it?

    Talking about this crap btw: https://www.reddit.com/r/CryptoReality/comments/o7v5xs/is_bitcoin_a_ponzi_scheme_a_detailed_analysis/?utm_medium=android_app&utm_source=share

    submitted by /u/amazing_mosti
    [link] [comments]

    US mayor pledges to give $1,000 of bitcoin to all residents of his town

    Posted: 02 Oct 2021 05:08 PM PDT

    Bitcoin Jumped 10.8% After Powell Says U.S. Has No Plans to Ban Crypto

    Posted: 02 Oct 2021 12:53 PM PDT

    What would happen if a big company say like Coinbase was to go under or stop operations. And you had a wallet with Coinbase, would you lose all funds? Where can you securely put your funds and pass down wealth and such without the need of a company to allow you to hold. Same with ledger.

    Posted: 02 Oct 2021 11:25 PM PDT

    83 percent of all the Bitcoin that will ever come into existence have already been brought into circulation

    Posted: 02 Oct 2021 07:10 PM PDT

    Demand is increasing as people join the network. Supply is dwindling with each passing halving. We're HODLing a soon-to-be very scarce asset. I am very, very happy right now.

    submitted by /u/plumberoncrack
    [link] [comments]

    Bitcoin Is the Most Peaceful Revolution — Borderless in Kyiv, Ukraine.

    Posted: 02 Oct 2021 10:55 AM PDT

    We need more positivity in this Sub :]

    Posted: 02 Oct 2021 06:42 AM PDT

    No more fear uncertainty and doubt

    No more big media telling us what to think

    Let's enjoy BTC :]

    submitted by /u/RO-CC
    [link] [comments]

    Imagine if you could send #Bitcoin Lightning payments with a plastic card, but without a bank involved.��That’s exactly what you see in this Video at @Paralelni_polis. A Lightning payment via NFC (����).@Paralelni_polis . A Lightning payment via NFC (����).

    Posted: 02 Oct 2021 01:05 PM PDT

    Bitcoin to 138k

    Posted: 03 Oct 2021 02:00 AM PDT

    That's my number to sell and live happily ever after

    submitted by /u/treebee93
    [link] [comments]

    Bitcoin has unleashed a wave of speculation and increase popularity!

    Posted: 02 Oct 2021 11:18 AM PDT

    Key takeaways from this Bloomberg article about crypto in El Salvador:

    Chivo wallet makes it easy to switch between crypto and dollars.

    Chivo can be faster than cash or credit cards.

    More than 2 million people in the country of 6.5 million are users of Chivo.

    Many large chains such as Starbucks, McDonald's, supermarkets, and some smaller businesses are accepting the digital currency for purchases.

    Bitcoin has unleashed a wave of speculation.

    Cryptocurrency tradings are becoming much more popular in El Salvador.

    Successful rollout produces tangible benefits for the impoverished Central American economy.

    Remittances account for over 20% of the nation's GDP. Reduction in remittance fees is one of the main benefits.

    Salvadorians utilizing Bitcoin alongside the U.S. dollar could convince other countries to give cryptocurrency a try too.

    An El Salvadorian's father's advice: "We got used to using plastic, and now we need to start using crypto. The world has to evolve."

    There are criticisms about using crypto as noted in the article which you can read from the link below.

    Bitcoin Launch Sparks Wave of Crypto Speculation in El Salvador - Bloomberg

    submitted by /u/Progress_8
    [link] [comments]

    What a legend.

    Posted: 02 Oct 2021 10:56 AM PDT

    I don't think I need to say anything but just read for yourself, he even deleted his account haha i dont blame him... He knew his shit and believed in it https://www.reddit.com/r/Bitcoin/comments/22qc1d/as_someone_who_has_invested_140k_into_bitcoin_i/

    submitted by /u/trannygranny17
    [link] [comments]

    El Salvador’s President Announced That They Mined Bitcoin Using Volcano-Powered Crypto Mining

    Posted: 02 Oct 2021 12:54 PM PDT

    The Analyst That Nailed Aug and Sep Bitcoin Closing Price Predicts BTC at $63K in October

    Posted: 02 Oct 2021 06:25 PM PDT

    Add Strike (Lightning Network) tipping to your twitter account. I've been checking every day. "Tips" just showed up under my birthday.

    Posted: 02 Oct 2021 01:38 PM PDT

    What's stopping a bank to print itself out of oblivion to buy BTC?

    Posted: 02 Oct 2021 09:16 AM PDT

    If Argentina's currency is already worth jack shit, is it possible for them to print 1,000,000,000,000,000,000 digitally to buy BTC?

    Like you're trading nothing for something.

    Is it because the exchanges/otc won't accept it currently?

    I think once a currency loses its trust, you can only rely on bitcoin to hold value.

    USD had high trust because it was once backed by gold, but is losing trust because of printing and fractional reserve banking. Unverified amount in existence.

    Once bitcoin becomes mainstream, how can China not accept BTC? Would you trust their currency over BTC?

    submitted by /u/nyess
    [link] [comments]

    Borrow using BTC as collateral is live on Coinbase in US

    Posted: 02 Oct 2021 07:47 AM PDT

    Bitcoin proves Austrian economics is correct;

    Posted: 02 Oct 2021 07:47 AM PDT

    Use Bitcoin to pay for pizza, coffee, clothes, and much more

    Posted: 02 Oct 2021 05:09 PM PDT

    6000 coinbase clients hacked

    Posted: 02 Oct 2021 11:16 AM PDT

    Another example why using central exchanges is risky. The hackers knew private data of the users. One corrupt employee or one successful hack and bad guys capture your email, home address, phone number and sell it to local criminals who might knock on your door then best encrypted wallets are useless. Cryptocurrencies are designed for peer to peer usage. If you change it into peer to bank to peer then this adds some risks.

    https://www.reuters.com/business/finance/coinbase-says-hackers-stole-cryptocurrency-least-6000-customers-2021-10-01/

    submitted by /u/BTCtester
    [link] [comments]

    A Loaf of Bread Used to Cost 1 BTC; Now It Costs 0.0001 BTC ... now try that with dollars (2-minute audio clip from Anthony Pompliano)

    Posted: 02 Oct 2021 05:50 AM PDT

    No comments:

    Post a Comment